Nilesh Agarwal vs STATE BANK OF INDIA on 30 September 2020

Page No.

DEBTS RECOVERY TRIBUNAL - SILIGURI

ORDER SHEET

(Continuation)

Case No. \_\_\_\_\_

MA-Dy. No. 146/2020 & IA/219/2020 arising out of SA/61/2017

Vs

<table border="1" style="width: 100%; border-collapse: collapse;"> <thead> <tr> <th style="width: 15%; text-align: center;">Date of Order</th> <th style="width: 60%; text-align: center;">Order with Signature</th> <th style="width: 25%; text-align: center;">Office action with date and dated Signature of parties when necessary</th> </tr> </thead> <tbody> <tr> <td style="vertical-align: top; padding: 5px;"> <div style="border: 1px solid black; padding: 2px; width: fit-content;">Dated: 30.09.2020</div> </td> <td style="vertical-align: top; padding: 10px;"> <p style="text-align: center;">Nilesh Agarwal<br/>Vs<br/>State Bank of India &amp; Anr</p> <p>The matter has been conducted through Virtual Court/online.</p> <p>Mr. Ajit Kr. Mishra, Ld. Advocate appears for the applicant.</p> <p>Mr. D. Chakraborty, Ld. Advocate and Mr. P. Gupta, Law Officer appear for the respondent bank.</p> <p>Ld. Counsel for the applicant submits that the bank has already withdrawn 13(4) notice and he wants to challenge 13(2) notice.</p> <p>Heard the Ld. Counsel for the parties.</p> <p>The borrower cannot challenge the 13(2) notice independently in absence of 13(4) notice.</p> <p>The respondent bank is at liberty to proceed against the applicant-borrower in accordance with law. However, sufficient time will be given to the applicant-borrower if any steps are taken against him.</p> <p>With the above observation, the I.A No.219/2020 as well as MA-Dy. No. 146/2020 stands disposed of.</p> <p>S.A. No.61/2017 already stands disposed of.</p> <div style="text-align: right; margin-top: 20px;"> <br/> (D. S. Mahra)<br/> Presiding Officer<br/> DRT-Siliguri </div> </td> <td style="vertical-align: top; padding: 10px;"></td> </tr> </tbody> </table>